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British Academy author wins Nobel Prize for Economics 2015

October 13, 2015

It has been announced that Angus Deaton, Dwight D. Eisenhower Professor at Princeton University, has been awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2015. Citing his outstanding "analysis of consumption, poverty, and welfare", the Royal Swedish Academy of Sciences went on to say of Professor Deaton's outstanding contribution and advancement to the field of economics:

"To design economic policy that promotes welfare and reduces poverty, we must first understand individual consumption choices. More than anyone else, Angus Deaton has enhanced this understanding. By linking detailed individual choices and aggregate outcomes, his research has helped transform the fields of microeconomics, macroeconomics, and development economics."

To celebrate this accolade, we've made a lecture he gave in 2008 on economic development, which is available on British Academy Scholarship Online, now freely available for a limited time.